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Spot Bitcoin ETFs (exchange-traded funds) chalked up a new all-time high in net cumulative daily inflows on Feb. 28 and also smashed a record for daily trading volume as the Bitcoin price soared past $64k before paring gains. Inflows of almost $677 million poured into the new ly-launched investment products with five of the ten ETFs dominating. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $612.1 million, while the Fidelity Wise Origin Bitcoin Fund and the Bitwise Bitcoin ETF took second and third places with their inflows soaring to $245.2 million and $9.9 million, respectively.  ARK 21Shares’ Bitcoin ETF attracted $23.8 million and the WisdomTree Bitcoin ETF recorded $2.2 million in inflows. The spot Bitcoin ETF market has recorded $7.4 billion in cumulative inflows since the investment products started trading in the U.S. on Jan. 11. IBIT is responsible for the majority of the cumulative inflows, seeing more than $7.15 billion as of Feb. 28.  It also helped the

MixMob secures Star Wars licensing for Solana game, adding Stormtroopers to Racer 1 as NFTs. Plans to secure three more licenses in 2024, signalling commitment to expanding partnerships. MXM token gains 7.66% in 24 hours, highlighting market interest. MixMob, the Solana-based gaming platform, has inked a significant deal, acquiring licensing rights to integrate iconic Star Wars Stormtroopers into its upcoming game, Racer 1.  This move marks MixMob’s foray into official licensing agreements and solidifies its commitment to enriching the gaming experience on the Solana blockchain. Bringing Star Wars to Solana MixMob’s licensing agreement grants it the exclusive rights to feature the legendary Original Stormtrooper character from the renowned Star Wars franchise in its Solana-based game, Racer 1. Stormtroopers non-fungible tokens (NFTs) will soon become collectible assets within the game, adding a touch of the beloved Star Wars universe to the burgeoning

CryptoTV returns with a new episode, this time exploring a new eco-friendly project in the cryptocurrency realm named Green Bitcoin. As Bitcoin and the overall market rise, a new token called Green Bitcoin (GBTC), inspired by BTC, is becoming more popular during its ongoing presale. It serves as an environmentally conscious alternative to Bitcoin, integrating Bitcoin’s legacy with Ethereum’s eco-friendly  Features . Moreover, the project caters to the wider crypto community by introducing a prediction game allowing users to earn $GBTC rewards. Green Bitcoin raises over $1 million in presale After reaching the $1 million mark, Green Bitcoin has become one of the most anticipated projects in the crypto world. The presale for the project follows a simple yet rewarding structure. For those interested, $GBTC tokens are available for purchase at $0.4982, but this price will rise as funding goals are met. The early success of the presale and the attractive staking rewards have garnered

ZETA’s price could rise to $3.50 if the buying momentum remains present. PYTH experienced increasing downward momentum but this could offer better buying opportunities. Profit-taking led COTI to drop to $0.21 but a major recovery seemed likely . Discover Crypto, a YouTube channel providing crypto insights, posted a new video highlighting the three alt coins that could be the biggest gainers in 2024. Coin Edition observed the session as the channel noted that new cryptocurrencies might dominate the price charts this year. Out of the newly launched coins , the channel chose ZetaChain (ZETA), Pyth Network (PYTH), and COTI (COTI). Zeta Chain (ZETA) To back up the choice, the anchor of the channel noted that ZetaChain has been experiencing a lot of smart money’ buys after early adopters dumped their holdings. He also mentioned that being a Layer 1 project puts the token in pole positions for exponential growth. Beyond that, he mentioned that ZETA’s so

The US dollar is depreciating against the Indian local currency, the Rupee this month in February 2024. The Rupee is gaining strength due to a robust economy that’s inching towards the $4 trillion mark. India’s GDP currently stands at $3.732 trillion and its economy is growing by leaps and bounds. The country also beat the UK’s GDP of $3.5 trillion and now aims to topple Japan’s GDP of $4.2 trillion. Also Read: Cryptocurrency: 3 Coins To Watch Under $1 as Bitcoin Hits $56,000 The Indian rupee is up 0.4% vs the US Dollar year-to-date indicating that the local currency is strengthening. The US dollar remains on the back foot since the last two weeks making way for the rupee to shine. The rupee appreciated to 82.92 on Wednesday after reaching a downturn of 83.19 last month. Leading German Bank Commerzbank Predicts US Dollar vs Rupee Performance For 2024 Source: Bloomberg Germany’s leading bank Commerzbank predicts that the Rupee will hold on strong against the US dollar thi

A closely followed crypto strategist says XRP and one additional altcoin are giving off a bullish reading that could lead to a move to the upside. Pseudonymous analyst Ali Martinez tells his 47,900 followers on the social media platform X that XRP looks bullish based on the Tom DeMark (TD) Sequential indicator. The TD Sequential indicator is typically used to identify trend direction and potential price reversals. Says Martinez, “The TD Sequential indicator has issued a buy signal on the XRP weekly chart, indicating potential bullish momentum. If XRP manages a sustained weekly close above $0.57, it could be the catalyst for a push toward $0.63 or even higher, reaching $0.65.” Source: Ali Martinez/X At time of writing, XRP is worth $0.55. Another altcoin that’s flashing a bullish signal based on the TD Sequential indicator is the Ethereum (ETH) rival Solana (SOL), according to Martinez. “The TD Sequential indicator presents a buy signal on the Solana daily ch

Patrick Madden took the stand as an expert witness during Day 16 of the Crypto Open Patent Alliance (COPA) v. Craig Wright lawsuit. Madden created the ‘Madden Report,’ which found that many of the documents produced by Wright were so different from the originals that they were likely forgeries. After the day concluded, Wright’s ex-attorneys rang an alarm about certain emails found by Wright’s wife and introduced as evidence last week. These emails might also have been forged. For context, COPA is suing Wright seeking a near-worldwide injunction against him claiming the copyright to Bitcoin’s whitepaper. Wright claims to be Satoshi Nakamoto, the creator of Bitcoin. COPA disagrees. [1/2] Craig's own barrister presented this remarkable letter to the court as evidence. Craig’s former lawyers @OntierLLP stated that an email provided via Craig’s wife “is not genuine” https://t.co/v6zA6N115Q pic.twitter.com/VptxlserEz — BitMEX Research (@BitMEXResearch) February 26, 2024 Previousl

Hong Kong implements stringent regulatory norms to restrict over-the-counter (OTC) providers. While the OTC platforms play a significant role in crypto transactions, they are suspected of promoting illegal crypto activities. The new rules are expected to lead to consolidation and a reduction in the use of OTC platforms in illegal crypto trades. Hong Kong has reportedly initiated the implementation of stringent regulatory norms restricting over-the-counter (OTC) providers in an attempt to reduce illicit crypto trading activities. Chengyi Ong, APAC policy head at Chainalysis, commented that the regulatory framework would lead to “consolidation and a reduction” in malicious actors’ use of OTC platforms. According to Chainalysis data, around 450 shops, ATMs, and other online platforms across Hong Kong have been facilitating OTC crypto trades. While these platforms play a major role in digital transactions throughout the city, they are also suspected of promoting

Ripple’s XRP token has fallen by 2.4% in the daily chart and by 4.4% in the weekly. However, the asset is still up by 2.9% in the 14-day chart and 1.3% over the previous month. Moreover, XRP has surged by nearly 41% since February 2023. Source: CoinGecko Also Read: XRP to Finally Soar Up to $1.40? Here is What the Analysts Have to Say XRP’s latest correction could be due to Bitcoin (BTC) falling below $52k. The original cryptocurrency is currently down 1.2% in the daily charts and 2.1% in the weekly. Moreover, Ripple ’s ongoing lawsuit with the SEC (Securities and Exchange Commission) may have slowed XRP’s growth. Despite a favorable ruling from a district court in 2023, the SEC vs. Ripple lawsuit has entered the high court, and investors await a verdict. Ripple IPO soon, along with an XRP ETF? According to former Ripple executive Sean McBride, we may see an XRP ETF (Exchange Traded Fund) in 2024 or 2025. The SEC made a historic move and approved 11 spot BTC ETFs in Janu

A $0.57 candle close in XRP price could pave the way for a rise to $0.65. Solana’s TVL value surpassed $2 billion on February 20th. The number of daily new wallets created on the Cardano exceeded 3,000. Although the inflow into spot Bitcoin ETFs slowed down last week, more than $200 million entered during the 22nd and 23rd February trading sessions. Meanwhile, the price of Bitcoin fluctuated between $52,000 and $50,000. According to CoinGlass data, Bitcoin’s volatility was calculated at 1.51% today. One week ago, Bitcoin’s volatility was 1.89%. Despite the overall increase in the inflow into spot Bitcoin ETFs in the US, the volatility of Bitcoin has been decreasing. In this context, three major altcoins may be poised for growth. 1 – XRP Ripple’s XRP token, despite the impact of the SEC lawsuit, is closely monitored by the community. Despite the recent unlocking of 400 million XRP, analyst Ali Martinez’s examination suggests that the XRP price could ri

The US dollar has continued to weaken over the last week, as safe-haven demand has catapulted the gold price beyond the $2040 mark. Indeed, the precious metal ended the week up more than 1.4%, and nearing the $2050 level. Although it has seen some decrease during the weekend, it is still noting a positive trajectory. The price development has taken place despite high-interest rates and suspended potential for interest rate cuts. Specifically, the Federal Reserve is likely to hold off on cutting interest rates with positive inflation data being reported over the last month. However, that has not negatively affected gold, which is still amid a balancing act according to some experts. Also Read: US Dollar Index Rebounds as Gold & Silver Dip: A Breakdown Gold Price Nears $2050 to Enter Feburary’s Last Week Amid Safe Haven Demand Throughout the last few months of 2023, Gold had seen a massive increase in value. Specifically, the metal saw it reached its all-time high in pr

We cover some contenders for the best cryptocurrency to buy right now, potentially worth adding to your watchlist over the coming days. Every day, investors search for promising cryptocurrencies to capitalize on potential gains. Amidst the volatile market, numerous tokens stand out as compelling options, presenting themselves as suitable investments.  Best Crypto to Buy Now The global cryptocurrency market has exceeded a value of $2 trillion, representing a critical moment in its recovery, thus signaling the anticipation of another bullish trend. While cryptocurrencies may seem alluring with the potential for gains, this Analysis focuses on tokens, drawing attention to their unique strengths and growth prospects. This article aims to assist investors in making informed decisions by highlighting promising tokens worthy of consideration in the current market climate. 1. Aave (AAVE) Aave (AAVE) recently announced its integration with Binance Smart Chain (BNB). With this integratio

A police countdown promising to reveal the identity of the kingpin behind the crypto-ransomware group LockBit left spectators disappointed after it revealed only a handful of vague clues and a cartoon picture of a cat. Police seized the LockBit website this week before beginning the online countdown that it was claimed would eventually answer the ‘$10 million question,’ who is LockBitSupp? This is the online nickname for LockBit’s leader.  However, anybody hoping for some grand reveal will likely have been left massively underwhelmed when, after a slight delay, authorities posted, “We know who he is. We know where he lives. We know how much he is worth. LockBitSupp has engaged with Law Enforcement :).” Alongside the cartoon cat, police also posted a series of not-particularly-enlightening hints , namely that LockbitSupp doesn’t live in the US or the Netherlands, and that he drives a Mercedes. A screenshot of the reveal, including a smirking cat said to be an emoji popular with th